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Entity-Specific Rating Rationales

30 Dec 2024

Vistaar Financial Services Pvt Ltd: Ratings reaffirmed; rated amount enhanced

Vistaar Financial Services Pvt Ltd: Ratings reaffirmed; rated amount enhanced

28 Nov 2024

Vistaar Financial Services Pvt Ltd: Rating withdrawn for assignee payouts issued under small business mortgage loan receivables transaction

Vistaar Financial Services Pvt Ltd: Rating withdrawn for assignee payouts issued under small business mortgage loan receivables transaction

25 Nov 2024

Vistaar Financial Services Pvt Ltd: Rating reaffirmed for SNs issued under small business loans securitisation transaction

Vistaar Financial Services Pvt Ltd: Rating reaffirmed for SNs issued under small business loans securitisation transaction

20 Aug 2024

Vistaar Financial Services Pvt Ltd: Ratings withdrawn for PTCs issued under small business loan receivables transaction

Vistaar Financial Services Pvt Ltd: Ratings withdrawn for PTCs issued under small business loan receivables transaction

20 Mar 2024

Vistaar Financial Services Pvt Ltd: Ratings reaffirmed; rated amount enhanced

Vistaar Financial Services Pvt Ltd: Ratings reaffirmed; rated amount enhanced

07 Feb 2024

Vistaar Financial Services Pvt Ltd: Ratings upgraded to [ICRA]A+ (Stable)/[ICRA]A1+ and outlook revised to Stable; rated amount enhanced

Vistaar Financial Services Pvt Ltd: Ratings upgraded to [ICRA]A+ (Stable)/[ICRA]A1+ and outlook revised to Stable; rated amount enhanced

27 Nov 2023

Vistaar Financial Services Pvt Ltd: Rating upgraded for assignee payouts issued under small business mortgage loan receivables transaction

Vistaar Financial Services Pvt Ltd: Rating upgraded for assignee payouts issued under small business mortgage loan receivables transaction

27 Nov 2023

Vistaar Financial Services Pvt Ltd: Rating reaffirmed for SNs issued under small business mortgage loan receivables transaction

Vistaar Financial Services Pvt Ltd: Rating reaffirmed for SNs issued under small business mortgage loan receivables transaction

16 Oct 2023

Vistaar Financial Services Pvt Ltd: Rating withdrawn for assignee payouts issued under small business mortgage loan receivables transaction

Vistaar Financial Services Pvt Ltd: Rating withdrawn for assignee payouts issued under small business mortgage loan receivables transaction

07 Aug 2023

Vistaar Financial Services Pvt Ltd: Ratings upgraded for PTCs issued under small business mortgage loan receivables transaction

Vistaar Financial Services Pvt Ltd: Ratings upgraded for PTCs issued under small business mortgage loan receivables transaction


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Entity-Specific Credit Perspective Reports

27 Jan 2025

Vistaar Financial Services Pvt Ltd

Vistaar Financial Services Pvt Ltd (Non-SF)

29 Aug 2023

Vistaar Financial Services Pvt Ltd

Vistaar Financial Services Pvt Ltd (Non-SF)

04 Apr 2023

Vistaar Financial Services Pvt Ltd

Vistaar Financial Services Pvt Ltd (SF)

Ratings

Description
Short Term
Medium Term
Long Term
Issuer
Term Loan -- -- [ICRA]A+(Stable) --
Assignee Payouts -- -- Withdrawn --
SN Series A1 -- -- [ICRA]AA+(SO) --
PTC Series A1 -- -- Withdrawn --
PTC Series A2 -- -- Withdrawn --
Non-Convertible Debenture -- -- [ICRA]A+(Stable) --
Fund-based-Overdraft [ICRA]A1+ -- -- --
Assignee Payouts -- -- Withdrawn --
PTC Series A1 -- -- Withdrawn --
Assignee Payouts -- -- Withdrawn --

Our Analysts

Analyst 1

Jaynesh Shah

Analyst 2

Srinivasan Rangaswamy

Sector Head

Karthik Srinivasan
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ICRA Webinar on the Indian Banking Sector - Regulatory easing to support credit growth in FY2026; asset quality remains monitorable

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